Cypress

Office Space Market Report

Number of Listings (last 90 days)

5

Median Rate ($/sqft/yr)

$37


Median Size (sqft)

15,000

As of: August 17, 2017

Cypress Rates

The typical asking rate per listing is in the $30's per square foot per year.
The Cypress region is going through a a rise in rates.
In the last 3 months, the median rate
increased
$16 per sqft per year.
That's a 74%
increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Cypress region has
greater rates, and you'll need to make a great offer to be in this hot submarket.

Cypress Listing Supply

In the last 90 days, 5 listings have been listed,
which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately.
About 60% of the available space in the Cypress are subleases,
so you might be able to find a shorter term or below market rent.
There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 15,000 sqft, there are still 0 spaces below 2,000 sqft.
Most properties in this region are close to 2 stories.
Most buildings in this area were built in 1987
and are Class A.

Cypress Community

Not much of the real estate is used for commercial space, so it might be hard to find office space.
Public administration is the dominant industry in this market.
Commute by motorcycle is the most popular way to get to work amongst Cypress occupants.
Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Cypress.Market Report

Market Data

Real time and historical data on commercial real estate listings in Cypress.Research